Additions
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 |  | Henry Quinteros | MF |  | Alianza Lima | Alianza |
| 01/2003 | | Manuel Heredia | GK | |||
| 01/2003 |  | Leonardo Valença | DF | |||
| 01/2003 | | Percy Olivares | DF |  | FC Dallas | FC Dallas |
| 01/2003 | | Renzo Revoredo | DF | |||
| 01/2003 | | Martin Vasquez | DF |  | Alianza Atlético | Alianza Atlétic |
| 01/2003 | | Édgar Villamarín | DF | |||
| 01/2003 | | Omar Zegarra | DF |  | Sport Boys | Sport Boys |
| 01/2003 | | Donizete Amorim | MF |  | Athletico Paranaense | Athletico - PR |
| 01/2003 | | Donizete Oliveira | MF |  | Vasco da Gama - RJ | Vasco da Gama |
| 01/2003 | | Diego Martinez | MF |  | Coronel Bolognesi | Coronel |
| 01/2003 | | Norbil Romero | MF | |||
| 01/2003 | | Flávio Maestri | FW |  | Chiapas FC | Chiapas |
| 01/2003 | | Isaac Ponte | FW | |||
| 01/2003 | | Charly Vicente | FW | |||
| 01/2003 | | Renê Weber | MA |
Departures
| from | Name | Pos | Team | Team | ||
|---|---|---|---|---|---|---|
| 07/2003 | | Donizete Amorim | MF |  | Juventude - RS | Juventude |
| 07/2003 | | Jorge Soto | MF | | Chiapas FC | Chiapas |
| 07/2003 | | Flávio Maestri | FW |  | Vitória - BA | EC Vitória |
| 01/2003 | | Miguel Miranda | GK | | Coronel Bolognesi | Coronel |
| 01/2003 | | César Balbín | MF |  | Deportivo Wanka | Dep. Wanka |
| 01/2003 | | Jean Ferrari | MF |  | Universitario de Deportes | Universitario |
| 01/2003 | | Alex Magallanes | MF |  | Cienciano | Cienciano |